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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

OTCPK:NWKRF - Post Discussion

View:
Post by Asterix99 on Jan 23, 2018 8:09am

HIP

As long as there is no news, HIP will move up. There are so many shorts that need to cover. Longs who bought over $3 got screwed last week, ths week shorts are being squeezed.

If HIP is included in the ACB-CMED merger HIP shares will drop, if ACB CMED agree to proceed without HIP, we may see further upside. This is just my guess I sold all of my shares yesterday. Good luck to all and be on the lookout.
Comment by KingMidasAu on Jan 23, 2018 8:11am
Way up PM. Fluff news out that basically says we are still waiting on ACB/CMED. Should bring more attention and the squeeze should continue! :) Congrats on your gains!
Comment by GuzzleGuts1 on Jan 23, 2018 8:28am
I am guessing that they are going to wait till cemed votes for the merger of HiP for the 89 cents a share then hips shareholder get screwed is the vote is yes am I right here should a guy bail out take this easy money and run or ride it out and hope the cemed and hip deal are no more 
Comment by Shazam75 on Jan 23, 2018 9:25am
This post has been removed in accordance with Community Policy
Comment by stockhorse10 on Jan 23, 2018 9:27am
I bought at 1.75 with intentions of being a short not sure now...better with the deal or without?
Comment by MoeCheen on Jan 23, 2018 1:08pm
When is the decision going to be made whether HIP going to part of the deal or not?
Comment by dangerousgoods1 on Jan 23, 2018 1:14pm
"CanniMed announced Friday night that it is postponing its own shareholder vote on the Newstrike deal scheduled for Jan 23 to Jan 25 to discuss a possible transaction with Aurora Cannabis"
Comment by locoocho on Jan 23, 2018 8:24am
I have seen this many times.. and if the people who got stuck last time dont take this opportunity to get out now they deserve to lose their money..